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AIA 2019 Consensus Forecast: Nonresidential construction spending to rise 4.4%

BD+C

Nonresidential construction spending on buildings is projected to grow by 4.4% through 2019, according to a new consensus forecast from The American Institute of Architects (AIA).

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Fed Economist Forecasts Uptick in Single-Family Construction

Pro Builder

Fed Economist Forecasts Uptick in Single-Family Construction. Rebounding construction could lead to supply constraints as well as exacerbate an existing shortage of skilled labor, construction materials, and ready-to-build lots, though long-term inventory growth is necessary to resolve an ever-widening housing affordability crisis. .

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ARA Forecasts 2021 Rental, Const. Revenue

Construction Equipment

The American Rental Association (ARA) is forecasting a 13 percent decline in equipment and event rental revenue this year compared to 2019, dropping to $48.7 Construction and industrial rental revenue also is forecast to finish 2020 with a significant hit in revenue,… billion in the United States.

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Manitou 2019 Sales Up 11%

Construction Equipment

Manitou reported 2019 revenue of about $2.3 The company forecast 2020 sales to decline about 10 percent. “?The The group ended the year 2019 with a revenue that exceeded the 2 billion euro mark for… billion (2.09 billion euro), up 11 percent over 2018 numbers, with North American sales up 15 percent.

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Construction Industry’s 2019 Economic Forecast Debuts at Dodge Data & Analytics 80th Annual Outlook Executive Conference

Construction Superintendent Magazine

–Dodge Data & Analytics will hold its 80th annual Dodge Construction Outlook Executive Conference Oct. To register, visit 2019 Dodge Outlook. The forecast, presented by Dodge Chief Economist Robert Murray, also offers critical data for members of the media covering economic and sector-based trends.

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What eight leading economists predict for nonresidential construction in 2020 and 2021

BD+C

Following modest increases in construction spending for nonresidential buildings in 2019, economists from eight leading industry organizations forecast slight growth in 2020 and 2021—1.5% and 0.9%, according to AIA's latest Consensus Construction Forecast panel.

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Hotel construction pipeline ends 2019 with record high

Construction Dive

Though there were a record number of hotels planned and underway as of the close of the year, Lodging Econometrics' results and forecast do not include the potential impact of the coronavirus.